Basic Facts:
- Location: Lower Alloways Creek, New Jersey
- Owner: Exelon (43%) PSEG (57%)
- Operator: PSEG
- Construction Cost: $5.2B (2018$)
- Plant Output: 2,300 MW (Combined)
- Property Size: 700 acres
- Status: At Risk of Closure
- Employees: 900
- Expected Shut Down Date: Unit 1 (2036), Unit 2 (2040)
- Current DTF Balance: $1.2B (2018$)
- DTF Balance Prior to Decommissioning: $2.0B (2018$)
- Decommissioning Cost Estimate: $1.0 (2018$)
- Spent Nuclear Fuel on Site: 1,459 metric tons
Background
The Salem nuclear power station consists of two pressurized water reactors. Construction began in 1968 (Units 1 & 2) with licensed operations commencing in 1977 and 1981 respectively.
In 2003 (Unit 1) and 2011 (Unit 2), the Nuclear Regulatory Commission granted Salem a twenty-year operating license for both units. Their licensed operational life extends to 2036 and 2040 respectively.
Socioeconomics
The Salem nuclear power plant is located within Salem County, New Jersey. As of 2016, socioeconomic information is as follows:
- Population: 63,000
- Per Capita Annual Income: $47,000
- Unemployment rate (not seasonally adjusted): 5.1%
Contact Information
Economic Development Administration Representative:
- Edward Hummel, Philadelphia Regional Office, t: (215) 316-2124, e: [email protected]
Economic Development District
Nuclear Regulatory Commission
- Diane Screnci, Sr. Public Affairs Officer, t: (610) 337-5330, e: [email protected]
- Salem 1, Salem 2
Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].
Additional Information
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